After Trumps inauguration, can the fed purposely tank the economy?
This question just popped into my mind as the left is completely unhinged and Barack Obama, the Wolf in Sheep's clothing, seems to be shedding his sheep clothes. I don't trust the Marxist Democrats at all. They will put politics over the health of this country and not think twice about it. Is is possible for the Fed to tank the economy because of ideology?
Yes, because policy decisions are made unilaterally by the Fed Board with practically unlimited discretionary power; they can do whatever they want. Will they intentionally crash the economy for political, or whatever reason? Doubtful. More likely they're intentions are to do their best, given their hubris and delusions.